
ShopSight: Own the Moment of “First”
“Create what’s next, buy it first.” ShopSight’s AI platform revolutionizes retail by uniting creation, hype-building, and purchase into a single flywheel. It empowers shoppers to co-design tomorrow’s products and secure them before they hit the mass market, giving brands unprecedented real-time insights and a direct line to consumer desire.
- ShopSight: Own the Moment of “First”
- How It Works
- Key Mechanics & Differentiation
- Business & Revenue Model
- Traction & Milestones
- Team & Advisors
- Funding & Ask
How It Works
ShopSight’s innovative platform guides both shoppers and brands through a seamless four-phase journey:
Co-Create
- Shopper Experience: Consumers engage in design or prediction challenges, actively voting on and tweaking product concepts.
- Brand Experience: Brands launch these challenges directly from their dedicated Brand Page, gaining immediate access to live demand data.
- Platform Value Capture: ShopSight captures value through a crowdsourced R&D dataset and challenge hosting fees.
Pre-Drop Build-Up
- Shopper Experience: Shoppers track real-time interest via a “Drop Meter” and earn badges for sharing and promoting.
- Brand Experience: Brands fine-tune SKU counts, pricing, and variants using analytics derived from this engagement.
- Platform Value Capture: Premium analytics upsells are generated during this phase.
Exclusive Drop Window
- Shopper Experience: Shoppers gain access to gated product drops with an auto-queue and anti-bot measures. A $10/month Universal Drop Pass provides a 10-minute head-start, special pricing, and loyalty multipliers.
- Brand Experience: Brands set precise drop rules, including time-boxed releases, unit caps, and dynamic pricing.
- Platform Value Capture: ShopSight earns a 5-10% transaction fee and membership revenue.
Post-Drop Loop
- Shopper Experience: Consumers showcase their purchases, with the option to resell or trade using a verified digital Proof-of-Originality (COA), and feed reviews back into future challenges.
- Brand Experience: Brands analyze sell-through speed, user-generated content (UGC), and secondary-market signals.
- Platform Value Capture: ShopSight receives a secondary-sale royalty and offers deeper brand subscription tiers.
Key Mechanics & Differentiation
ShopSight stands out from competitors like Shopify, Nike SNKRS, Patreon-style memberships, and Kickstarter by offering:
- Universal Drop Pass: A single $10/month membership for access to all brand drops.
- Drop Calendar & Countdown: Personalized feeds, iCal integration, and SMS/WhatsApp alerts for upcoming drops.
- Proof-of-Originality (COA): Tamper-proof digital certificates (NFT-optional) that track secondary sales for royalty splits, doubling as a social flex and resale receipt.
- Fair-Shot Queue: A randomized queue with device fingerprinting to combat bots, where loyalty points improve a user’s odds.
- Instant Wait-List Auto-Charge: Eliminates dead inventory by automatically moving to the next buyer if a purchase fails.
ShopSight differentiates itself by focusing on consumer co-creation, providing real-time validation for brands, incorporating a built-in reward system, ensuring speed-to-insight (under 48 hours), and leveraging ethical, bias-aware AI. This dual value creation for both brands and consumers drives sustainable growth and retention.
Business & Revenue Model
ShopSight operates on a diversified revenue model:
- Membership ($10/month): Expected 70% gross margin, offering tiered perks like shipping credits and queue priority.
- Transaction Fees (5-10%): Volume-scaled fees split with payment processors.
- Brand SaaS Tier ($499–2k/month): Provides brands with access to the challenge engine, demand heatmaps, and cohort analytics.
- Data API: Anonymized trend signals sold to industry analysts.
- Secondary-Market Royalty (2%): Automated via smart contract or custodial ledger.
Traction & Milestones
Founded in April 2024 by D. Nick Davis, ShopSight has quickly achieved significant milestones:
- Bootstrapped with a $150K bank loan.
- Launched MVP in May 2025.
- Graduated from Rev1 Ventures Accelerator in May 2025.
- Secured 5 brand contracts, including Rishi Snacks (first brand), Dalton Union (first paid), Bikini Flavors, and iAntus (major PO).
- Gained conceptual buy-in from major brands like Apple, Buffalo Wild Wings, Bacardi, and Nike (Jan-March 2025).
- Built a patent-pending platform on AWS Amplify with generative AI (Amazon Bedrock, Replicate).
- Partnered with Coupon Clearing House for rewards in May 2025.
- As of June 2025, has 38 brands in the pipeline with 4 live on the ShopSight site.
- Current monthly burn rate: $20,000.
Product Roadmap (First 12 Months)
- Q1 (Beta): 5 pilot brands, invite-only pass (KPI Gate: 10k members wait-list).
- Q2: Universal Drop Pass launch, Drop Calendar app (KPI Gate: 30k active pass holders; <1% bot purchases).
- Q3: Secondary-market launch + COA (KPI Gate: 20% GMV from resale; 70% items resold priced up).
- Q4: International shipping + tier-2 brands (KPI Gate: $1M MRR, 50 brands onboard).
Team & Advisors
ShopSight boasts a highly experienced leadership team and a strong advisory board:
Leadership Team
- D. Nick Davis (CEO, Chairman): Serial entrepreneur with multiple exits, former executive at Singularity University, PWC, Rocketspace. Author of “Future Ready.”
- Ben King (COO/CINO): Former executive at Bosch, co-founded a previous company with Nick Davis, experienced in startup ecosystems.
- J. Matt Thompson (CTO): Leads all platform development and R&D.
- Erica Ritchley (CExO): Extensive experience in customer experience, with 3 exits and 1 IPO.
- J. Jay Gaughan (VP Marketing): Focuses on marketing, sales support, social media, and PR.
- Iris Coker (VP Partnerships): Drives growth, influencer strategy, and partner development.
- David Pickering (VP Data): Specializes in data science, machine learning, and AI.
The CEO, COO/CINO, and CExO have worked together at multiple prior companies, including a successful startup. The team is actively interviewing for a Chief Growth Officer.
Advisors
- Kari King: Startup Founder, former executive at Teads.
- Kent Rademaker: Director of Creative and Brand for Scotts Miracle Grow, former Abercrombie & Fitch executive.
- Carlos Pignataro: Mentor in Residence at Duke University Ventures, former CTO of Cisco.
- Kelly Bean: Principal of Heron Strategy Partners, former Senior Associate Dean at Washington University.
- Kristin Scott: Former President and MD for Abercrombie & Fitch, Target, and Gap.
- Sarah Sylvester: Former VP of Marketing for Victoria’s Secret.
Funding & Ask
ShopSight is a Delaware C-Corp and is currently seeking to raise $2,500,000 in a Pre-Seed round (bootstrapped to date with a $150K bank loan). They are open to a SAFE or Equity investment and are actively seeking a lead investor, with interest from the Ohio State Early Investor Network. The round is open as of June 2025 and an estimated close in Q4 2025.
Current Asks include:
- An Ohio-based lead investor for the $2.5M Pre-Seed round.
- Introductions to streetwear, beauty, and niche sneaker brands with cult followings.
- Legal support for regulatory/tax review (resale royalties, memberships).
- Guidance on their tech stack (Polygon vs. custodial ledger, anti-bot vendor).
- Validation of CAC through a beta wait-list landing page to collect emails and $1 reservations.
